Economic Woes Hit Americans for 4th of July as the Biden Regime Laughs at Us

Most of you are old enough to remember this magical Tweet from a year ago today:

Planning a cookout this year? Ketchup on the news. According to the Farm Bureau, the cost of a 4th of July BBQ is down from last year. It’s a fact you must-hear(d). Hot dog, the Biden economic plan is working. And that’s something we can all relish. pic.twitter.com/7h9qLauIbC

— The White House (@WhiteHouse) July 1, 2021

The White House thought it was so funny that Americans were “saving” $0.16 year-over-year on cookout food that they included awful puns in a clear mocking of our sensibilities. This year, they’re not saying anything at all about costs, for obvious reasons.

As much as I loath RINO globalist Dr. Mehmet Oz, he posted an important Tweet in lieu of the White House acknowledging their own failures.

As you head to the grocery store to buy your July 4th shopping list take a look at the costs. This is a direct result of Joe Biden’s inflation crisis, and it is an assault on all Americans. pic.twitter.com/Yenr4BNLCV

— Dr. Mehmet Oz (@DrOz) July 1, 2022

These are extremely perilous times for the American people and we need everyone to spread the word this 4th of July weekend. Far too many Americans are sticking their heads in the sand. They know things are bad but they have deluded themselves with wishful thinking that it will all go back to normal sometime soon.

Now is the time to get prepared. As I’ve said many times, we must secure food for ourselves and our families as soon as possible. The prices aren’t going to go down anytime soon, which means stocking up today makes perfect sense. Two of our sponsors are having 4th of July sales on their long-term storage food. Check out My Patriot Supply and Valley Food Storage.

Unfortunately, the economies in Europe may be a harbinger of things to come in America. They’re already starting to ration various resources, including food and fuel. Germans are buying up all of the wood-burning stoves they can find so they don’t freeze to death this winter if Russian natural gas continues to be scarce. Here’s more on what’s happening from Michael Snyder at The Economic Collapse Blog:

Rationing Has Already Started in Europe as the Entire Globe Plunges Into a Horrific Economic Nightmare

If countries in Europe are already beginning to ration certain things due to “supply problems”, how long will it be before it starts happening in the United States?  Up until the past couple of years, many of us in the western world always considered shortages to be something that only “unsophisticated” poor countries on the other side of the planet had to deal with.  But the last couple of years have shown us that painful shortages can happen to wealthy countries in the western world too.  At first we were told that they were “just temporary”, but the months went by and we just kept having more shortages.  In fact, in 2022 “supply problems” have become so serious that many supermarkets in Europe have been forced to strictly ration essential items at various times.  For example, it was being reported that due to the war in Ukraine flour, sunflower oil and sugar were all being rationed by stores in Greece…

After limiting the sale of some flours and sunflower oil online, Greek supermarkets are turning to rationing the sale of sugar as well, now including in their stores, over supply problems.

The AB Vassilopoulos is setting a maximum limit on the purchase of all brands of corn and sunflower oil and of flour per customer while Mymarket put a ceiling on sunflower oil purchases and Sklavenitis has added sugar to the rationed sales of corn oil through its online store, with a maximum of four packs, the products in high demand from restaurants, some of which said they have to stop selling french fries and other fried foods.

Over the past few months we have seen similar measures implemented in other major European nations as well.  For example, the war in Ukraine prompted some pretty severe rationing in Spain…

Sporadic shortages of products like eggs, milk, and other dairy products also hit Spain since the war in Ukraine began. And major supermarkets including Mercadona and Makro began rationing sunflower oil earlier this month.

Now, stores will temporarily be allowed to limit “the number of goods that can be bought by a client,” according to information in the Official State Gazette published on Wednesday.

Looking forward, natural gas rationing is the next big thing that many people in Europe are talking about.  The flow of Russian natural gas into Europe has been cut back, and it appears that this may soon cause widespread rationing in Italy…

Italy may start rationing natural-gas consumption to certain industrial giants, after Russia’s Gazprom halved supplies on Friday.

On the weekend, the newspaper Corriere della Sera reported that the Italian government and energy industry would meet Tuesday and Wednesday to discuss the crisis, with the likely outcome being the introduction of a state of alert under the country’s gas emergency protocol.

And CNN is reporting that Germany is “one step closer to rationing supplies” now that Russia has decided to reduce the flow of natural gas going to that country…

Europe’s biggest economy is now officially running short of natural gas and is escalating a crisis plan to preserve supplies as Russia turns off the taps.

Germany on Thursday activated the second phase of its three-stage gas emergency program, taking it one step closer to rationing supplies to industry — a step that would deliver a huge blow to the manufacturing heart of its economy.

Of course there are other parts of the globe that are dealing with problems that are far, far more serious than what Europe is facing right now.

As I discussed in an article that I posted earlier this week, significant numbers of people are starting to literally drop dead from starvation in portions of eastern Africa.  Global food supplies just keep getting tighter, and the head of the UN is openly telling us that the world is heading into an “unprecedented global hunger crisis”.

So if you have plenty of food to eat tonight, you should be thankful.

Here in the United States, economic conditions are deteriorating fairly rapidly, and most Americans are completely and totally unprepared for any sort of a major economic downturn.  Earlier today, I came across yet another survey that shows that about 60 percent of all Americans are currently living paycheck to paycheck…

“We find that consumers in all income brackets — including those who make more than $100,000 annually — are living paycheck to paycheck. PYMNTS’ research finds that 61% of U.S. consumers were living paycheck to paycheck in April 2022, marking a 9 percentage point increase from 52% in April 2021, meaning that approximately three in five U.S. consumers devote nearly all of their salaries to expenses with little to nothing left over at the end of the month.”

So what is going to happen when those people start losing their jobs in large numbers?

Already, we have seen the number of tech layoffs greatly accelerate over the last couple of months.

Sadly, the layoffs will get much worse in the months ahead.

And as inflation continues to systematically eat away at our standard of living, Americans are turning to credit cards at a record pace…

As Americans grapple with the highest inflation in 40 years, the number of new credit cards have surged as more Americans rely on them to keep up with high prices. According to a recent report from the Federal Reserve, revolving credit (credit cards and lines of credit) increased by 19.6% from the previous year to $1.103 trillion.

Going into credit card debt is not a solution.

At best, it can buy you a little bit of time.

And it is especially a bad idea to go into credit card debt as we plunge into a recession.

At this point, almost everyone realizes that things are going to get bad.  According to one recent poll, a whopping 85 percent of all Americans believe that the U.S. is “headed in the wrong direction”…

The national dissatisfaction is bipartisan. Most Americans, 85%, say the country is headed in the wrong direction. A majority of Republicans have been unhappy with the direction of the country since Biden’s election. Democrats had been positive about how things were going, but now 78% say the country is headed in the wrong direction.

I was astounded to see that 78 percent of Democrats believe that the U.S. is headed in the wrong direction with a Democrat in the White House.

I have never seen a number like that ever before.

But this is just another indication that the hour is late and that things are about to start getting really crazy out there.

For the moment, life is still at least somewhat normal in the western world.

Sadly, it won’t stay that way for long, and so I would recommend using your time wisely.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com.  In addition to my new book I have written five other books that are available on Amazon.com including  “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending digital copies as gifts through Amazon to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.

I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.

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Food and Ammo for Most, Financial Diversity for the Wealthy

I don’t normally watch videos from Anonymous, but one hit my feed and I went ahead and watched it. I even included it in the latest episode of The JD Rucker Show.

We have been shown very clearly that economic stability is fading fast. For those who are, like me, still concerned about getting food on the table or paying bills next month, we should not be looking towards precious metals or other financial products. We should be stocking up on food, water, ammunition, and medicines.

For those who have wealth or retirement to protect, there are two things everyone should consider. First is precious metals. I picked up a pair of sponsors over the last year because they’re America First companies who take care of their clients and who are neither beholden to the Chinese Communist Party nor do they donate to Democrats. The small company is Our Gold Guy who delivers personal service. The bigger company is Goldco who offers a wide range of products. Patriots can’t go wrong with either.

The second takeaway from the Anonymous video is that fiscal diversity is important. We recently picked up Mass Tort Financing as a sponsor. They fund class-action lawsuits, a practice that has been reserved for hedge funds and institutional investors until recently. Now, accredited investors who want to diversify $50,000 or more of their portfolio can dive into this asset class.

I’m not a financial advisor, but I know people. My experience over the last few months with the folks at Our Gold Guy, Goldco, and Mass Tort Financing is why I trust them. As all can attest to, I didn’t take them on as sponsors immediately. I researched them thoroughly; my first conversation with Lou over at Mass Tort Financing was last November and we just cut the ribbon this week.

Here’s the video from Anonymous followed by my show today:

https://www.youtube.com/watch?v=ajkhn4-L1TM